Mobile money revenue of MTN Ghana far exceeded that of the largest Nigerian banks in 2020, according to a report by telecom expert, Eric Osiakwan The Nigerian banks included FBN, Access Bank, UBA and Zenith Bank. The leading mobile network in Ghana registered $216.4 million revenue from MoMo transactions in 2020. This is compared with […]
Tag: ecobank
Innovation and resilience common themes amongst winners of African Banker Awards 2021
Standard Bank Group, Africa’s biggest bank, rewarded for its COVID-related and women empowerment programmes; Access Bank’s Herbert Wigwe wins Banker of the year for second consecutive year; Innovation and resilience featured highly in this year’s entries; Organisers highlighted that economic recovery will only happen with greater equity investments on the continent; African Banker Icon highlights […]
African Banker Awards lauds winners’ innovation and resilience
Standard Bank Group was on Wednesday named African Bank of the Year by a leading publication in recognition of the banking giant’s achievements in fighting the Covid-19 pandemic and empowering women. African Banker ( https://bit.ly/2T1pgvl) magazine announced the winners of its 2021 Awards at a virtual ceremony held on the side-lines of the African Development […]
Nigeria: CBN May Launch Digital Currency By End of 2021 – Official
The bank is also considering launching virtual cards. The Central Bank of Nigeria (CBN) on Thursday said its digital currency may be launched by the end of 2021. Rakiya Mohammed, an Information Technology Specialist with CBN, made the disclosure at an online news briefing at the end of Bankers Committee meeting. According to her, the […]
Lonestar Cell MTN Enhances Liberia’s Digital Financial Platform, Launches MTN Mobile Money In-App QR Code
Monrovia- In its bid to boost Liberia’s digital financial platform, Lonestar Cell MTN has launched its MTN Mobile Money In-App QR Code. The app, identified as MTN Momo can be easily downloaded from the apps store and can be used to perform whatever financial transactions in both the Liberian and U.S. currencies, much faster and […]
Lonestar Cell MTN Enhances Liberia’s Digital Financial Platform, Launches MTN Mobile Money In-App QR Code
Monrovia- In its bid to boost Liberia’s digital financial platform, Lonestar Cell MTN has launched its MTN Mobile Money In-App QR Code. The app, identified as MTN Momo can be easily downloaded from the apps store and can be used to perform whatever financial transactions in both the Liberian and U.S. currencies, much faster and […]
Uganda: Banks Set Aside Shs364.7 Billion for Increasing Loan Losses
Provisions for loan losses grew exponentially in the period ended December 2020, increasing by Shs149.1b, according to financial results released by different commercial banks. This was the highest growth in over years, signaling a difficult period for the banking sector and borrowers, whose capacity to repay loans was highly impacted by Covid-19. According to data […]
Nigeria: Ecobank Transnational Appoints Group Executive, Corporate & Investment Banking
Prior to joining Ecobank, Akin Dada was the Managing Director for Citigroup Cameroon. Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announcer the appointment of Akin Dada as Group Executive, Corporate and Investment Bank. Mr Dada joined Ecobank in 2017 as the Executive Director for Corporate Bank in Nigeria, and prior to his […]
Golden Star Announces Changes to Board of Directors at the 2021 Annual General Meeting of Shareholders
TORONTO, March 31, 2021 /PRNewswire/ – Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that Karen Akiwumi-Tanoh and Gerard De Hert will be put forward for election as directors of the Company at the forthcoming annual general meeting of Golden Star shareholders on […]
Ecobank holds capacity-building webinar for NGOs
Ecobank Ghana last week held a capacity-building webinar for Non-Governmental Organisations (NGOs) and Civil Society Organisations (CSOs) across the country. The forum, which was held via Microsoft Teams brought together over one hundred participants, mainly local organisations to deliberate on various topics related to national development, financial inclusion and general improvement in the livelihoods of […]